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you have two other moments for fiscal showdown, you have the spending sequester, cuts to defense and then the spending programs. you have continuing resolution, which funds the government. if we don't come to an agreement, has a government shutdown. i had a senate aide saying it is a fact of the senate that people are just breathing a sigh of relief, we may just have a government shutdown. doesn't seem to me there is a clear path, you could have a shutdown. if that lasts for a long time as it did in the '90s, that comes at the tail end of that, shutting down the government, that would be pretty dramatic. >> they made two calculations here. they wanted to have a fight on the shutdown as related to a continuing resolution, but you don't hear any republican talking about moving towards default. they don't want to be politically associated with default. maybe you're right, they will be willing to have a shut down if they don't give them a cut on continuing resolution. probably off the table long-term. but big picture is interesting, the republicans with the short term extension, are putt
you have two other moments for fiscal showdown, you have the spending sequester, cuts to defense and then the spending programs. you have continuing resolution, which funds the government. if we don't come to an agreement, has a government shutdown. i had a senate aide saying it is a fact of the senate that people are just breathing a sigh of relief, we may just have a government shutdown. doesn't seem to me there is a clear path, you could have a shutdown. if that lasts for a long time as it...
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Jan 16, 2013
01/13
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i know that chuck haegel a month into this process is likely to be the secretary of defense and the defense department is adjusting accordingly. what did all of this say of chuck schumer. he is such a prominent sjewish leader? how can he flip-flop like this? >> the senators are to judge chuck haegel on his record. it throws the whole process. it does. and i wonder whether it doesn't do more harm than good at the end of the day. results matter. mr. haegle has a very, very poor record with regard to his mouth. >> with his mouth, i love that. john bachelor, you are both spectacular. i appreciate it. we had a tough time. that is it for this evening's show. thank you for watching. we will pursue much more tomorrow. [ male announcer ] this is not my home. there. i said it. they don't have pictures of my kids. they don't have my yoga mat. and still, i feel at home. could it be the flat screen tv? the not so mini fridge? ♪ the different free dinner almost every weeknight? or maybe, it's all of the above. and all the rest. am i home? nope. but it almost feels that way. homewood suites by hilton. b
i know that chuck haegel a month into this process is likely to be the secretary of defense and the defense department is adjusting accordingly. what did all of this say of chuck schumer. he is such a prominent sjewish leader? how can he flip-flop like this? >> the senators are to judge chuck haegel on his record. it throws the whole process. it does. and i wonder whether it doesn't do more harm than good at the end of the day. results matter. mr. haegle has a very, very poor record with...
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Jan 17, 2013
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i continue to play defense. i listen to rick and mike and josh, and what i'm also hearing out of michael santoli and rick santelli, kind of a test, same day, come on, guys. when i listen to them both i'm hearing that bullish markets, bull market psychology. there's a certain complacency that comes along with a bull market where people begin to discount bad news. you throw bad news up and they say don't worry about that. look at the good points. the reverse happens in a bear market where we embrace the bad news and know there's never a ray of sunshine ever. we're in that discounting phase, and it feels complacent. it's a time to be cautious, so i think balance sheets matter. >> right. >> income matters and earnings really matter. >> very good. >> if you look at -- if you look at that philly fed this morning a great example. the market looked at that and said whatever. >> exactly. >> small caps and mid-caps didn't dip on the news. >> ignoring the bad news and going for the good news. >> real quickly, guys. on the
i continue to play defense. i listen to rick and mike and josh, and what i'm also hearing out of michael santoli and rick santelli, kind of a test, same day, come on, guys. when i listen to them both i'm hearing that bullish markets, bull market psychology. there's a certain complacency that comes along with a bull market where people begin to discount bad news. you throw bad news up and they say don't worry about that. look at the good points. the reverse happens in a bear market where we...
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Jan 16, 2013
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i would go for -- i would go for more defensive stocks, utilities, dividend payers, consumer staples, things like that. we also like natural gas, north american energy. there are other special things, we're short the yen. but it changes dramatically. >> right. >> if and when you get the shock and you move to risk off, because when you don't want to own equities. >> no surprise, all the sectors you mentioned so far are very defensive. but at the same time, you see opportunity in small luxury names. why is that? >> yeah, that's the kind of thing that people even when they're stressed, they want to buy, whether it's a fancy bottle of booze , imported beer, something in a small box, maybe it's only cuff links, but it's in the blue box -- >> and that's just the desk right here, gary. >> blue box? >> you look for example at used merchandise stores, their stocks, they are growing in double digits. there's a lot of things that suggest that maybe three-quarters of the country still thinks we're in recession, and they are. real wages are declining, real per capita gdp is declining and those peo
i would go for -- i would go for more defensive stocks, utilities, dividend payers, consumer staples, things like that. we also like natural gas, north american energy. there are other special things, we're short the yen. but it changes dramatically. >> right. >> if and when you get the shock and you move to risk off, because when you don't want to own equities. >> no surprise, all the sectors you mentioned so far are very defensive. but at the same time, you see opportunity...
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Jan 15, 2013
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half of the year and every single central bank in the world reflating so you're very bull strategic defense initiative. >> very bullish. >> i guess the question is are you able to buy into that market at much lower houses? how substantial could a decline be on the so-called bumps in the road? there's some precedent for that. not the first time we've been through it. we've been back through it in 2011 and there's a significant pullback. there's a bit of a been there, done that and we haven't seen the kind of volatility we've seen and in the difference of backdrop the republicans sort of have their backs against the wall. they were forced to concede on taxes during the cliff debate, and now i think this is their chance to get concession on spending, and i think they are going to do that. this is going to go to the wall and that will create volatility. >> the president has been very clear. he's not going to negotiate on the debt ceiling. >> that's how politicians talk. at the end of the day negotiations will have to happen. >> he has to? >> you're not al lone in being wildly bullish right now
half of the year and every single central bank in the world reflating so you're very bull strategic defense initiative. >> very bullish. >> i guess the question is are you able to buy into that market at much lower houses? how substantial could a decline be on the so-called bumps in the road? there's some precedent for that. not the first time we've been through it. we've been back through it in 2011 and there's a significant pullback. there's a bit of a been there, done that and we...
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Jan 14, 2013
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the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. >> this is where a number of women are cleaning their clothes and i can't emphasize enough how serious the water problem is here in haiti for cholera. so you can imagine how we take a look at this and we see them washing clothes that are dirty in the water, and we see people drinking this water. and they're working hard here, the the hatians to get their clothes clean, but this is not exactly an ideal situation. if you notice that they wash their feet. take baths in the water and wash their clothes and the children here, and the children don't wear diapers and sort of adds to the problem because a lot of the cholera is from situations where the bacteria from being passed around through the water. water. but this is a country in great need. and so, different, so vastly different from what it could be. it's a beautiful country. haiti could be beautiful, haiti could be prosperous, but terrible unrest, terrible violence and now this cholera epidemic. >> greta:
the adhesive helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. >> this is where a number of women are cleaning their clothes and i can't emphasize enough how serious the water problem is here in haiti for cholera. so you can imagine how we take a look at this and we see them washing clothes that are dirty in the water, and we see people drinking this water. and they're working hard here, the the hatians to get their...
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Jan 18, 2013
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he's also the quarterback of the defense. he's the brains behind how they run the defense for one of the best teams in football and he's going to get duped on an internet scandal. it doesn't make sense. a girl dies. she was in a car accident allegedly she had leukemia and died. he never goes to see the familiar flifr goes to the grave site never goes to the hospital. they never skype. it just doesn't ring true. what rings a little more true is maybe, this would be very unfortunate if it's untrue. maybe he was an individual who isn't attracted to women and this was an opportunity for him to have an excuse he's in the spotlight he's a celebrity. he's expected to be surrounded with women in our society and this was a perfect way for him to push that obligation away and to go forward. unfortunately it all came crashing down a month ago notre dame knew about this a month ago and never told anybody. >> briefly because we want to get to lance. any lawsuits? >> any one including himself if he can prove he's a victim of this hoax and
he's also the quarterback of the defense. he's the brains behind how they run the defense for one of the best teams in football and he's going to get duped on an internet scandal. it doesn't make sense. a girl dies. she was in a car accident allegedly she had leukemia and died. he never goes to see the familiar flifr goes to the grave site never goes to the hospital. they never skype. it just doesn't ring true. what rings a little more true is maybe, this would be very unfortunate if it's...
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Jan 14, 2013
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if we didn't have the defense as a fe facto reserve currency of the world we would be greece and we have got to fix our economic problem and that's -- it's not going to be fixed without leadership from you. the republicans maintain control of the house. and it's -- we have divided government. he's got to take the lead. he may score some short-term victories over the republicans. in the medium to long term, it's his enchilada. >> president clinton's secretary of the treasury, robert rubin. >> when people look at what president obama should do, there are a number of people who say, well, he's got to get the fiscal house in order, he's got to deal with the deficit. why is that important? >> i think it is imperatively important to design a sound fiscal program that both contributing to job creation and recovery in the short term and i believe a sound fiscal program will do that by creating confidence and fiscal room for a moderate stimulus and meets the long-term imperative for addressing what i believe is an unsustainable and dangerous fiscal trajectory. in order to put ourselves on a sound
if we didn't have the defense as a fe facto reserve currency of the world we would be greece and we have got to fix our economic problem and that's -- it's not going to be fixed without leadership from you. the republicans maintain control of the house. and it's -- we have divided government. he's got to take the lead. he may score some short-term victories over the republicans. in the medium to long term, it's his enchilada. >> president clinton's secretary of the treasury, robert rubin....
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Jan 15, 2013
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and the number of companies that would really be affected from walmart to every defense contractor to giant health care companies, if their ability to collect money that is owed to them is then put in doubt, that triggers a whole, you know, range of activities of other people wanting to collect debts from them. >> sounds really scary. do me a favor, though, and crawl in to president obama's head for me and tell me why you think in 2006 he voted not to raise the debt ceiling and said the fact we're here today to debate raising the debt limit is a sign of leadership failure, the sign the u.s. government can't pay his own bills. what was he thinking there? >> voting against an increase of the debt kreeling is what you do in the opposition party. >> oh, okay. >> in congress. this is going back for the last many years. >> yeah. >> all the republicans in the senate voted for increases when bush was in office. they vote against it when obama is in office. and vice versa. the problem or challenges now is the house where republicans don't want to vote for it and we need them, you know, it is s
and the number of companies that would really be affected from walmart to every defense contractor to giant health care companies, if their ability to collect money that is owed to them is then put in doubt, that triggers a whole, you know, range of activities of other people wanting to collect debts from them. >> sounds really scary. do me a favor, though, and crawl in to president obama's head for me and tell me why you think in 2006 he voted not to raise the debt ceiling and said the...
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speaking in london this morning defense secretary leon panetta says the u.s. is "working around the clock to insure the safety of our citizens and he warns terrorists that they will find no sanctuary in algeria or north africa." after the break female troubles plagued the gop in the last election cycle. will lawmakers,er in a new era for women's issues? we'll talk health and politics when star jones joins the panel next on "now." find us? i thought we might be related, so i had a fiber analysis done and sure enough, we're family. but you're not even shredded. you're...crunchy?! that happens sometimes. and you help keep people full with whole grain fiber? just like you guys. [ female announcer ] they're different, but the same. new frosted mini-wheats crunch. a tasty square packed with a crunch... [ crunch! ] ...of whole grain fiber that helps keep you full. it's a big breakfast... [ crunch! ] ...in new a little biscuit. smile! ohhh bring it in! ooohhhooh! (announcer) at scottrade, our! ohhhcexactly how they want.t with scottrade's online banking, i get one vie
speaking in london this morning defense secretary leon panetta says the u.s. is "working around the clock to insure the safety of our citizens and he warns terrorists that they will find no sanctuary in algeria or north africa." after the break female troubles plagued the gop in the last election cycle. will lawmakers,er in a new era for women's issues? we'll talk health and politics when star jones joins the panel next on "now." find us? i thought we might be related, so i...
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Jan 17, 2013
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the government can pay just the interest, social security and defense spending meaning military salaries. markets, of course, democrats say they're going to demand higher wage because of this. republicans will suggesting they'll overlook this gridlock. finally on the economy, a lot of folks saying it would cause a depression. republicans say, there are temporary effects here. now, okay, so let's do this. could you, if you were treasury secretary, so you make spending equal cash flow? get ready to play folks? the debt ceiling game, calling this the home edition, here are different items in the government, in the federal government budget, what you've got to do is check a box, fund it or don't fund it. now we've rigged this now so we've worked on tv. we're going to fund all these things. and what we're going to do is we're going to make our spending equal the cash flow of 277 billion dollars so we're going to pay the interest, we're going to pay medicare, medicaid, social security, military pay, retirement, veterans benefits and defense vendor payments, federal salaries. okay got it. 275.
the government can pay just the interest, social security and defense spending meaning military salaries. markets, of course, democrats say they're going to demand higher wage because of this. republicans will suggesting they'll overlook this gridlock. finally on the economy, a lot of folks saying it would cause a depression. republicans say, there are temporary effects here. now, okay, so let's do this. could you, if you were treasury secretary, so you make spending equal cash flow? get ready...
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Jan 18, 2013
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defense secretary leon panetta is vowing to pursuit hostage takers saying the terrorist should be on notice that they will find no sanctuary, not in algeria, not in north africa, not anywhere. back to you. >> jackie, thank you very much. any time there is an attack like this, it grabs the attention of new york energy traders. sharon, what are they saying? >> it certainly has. even though this occurred in the gas facility, it is the oil markets that are most concerned here about the heightened geo-political risk any time an attack happens on an energy facility. of course algeria is an opec member and produces just under 2 million barrels per day of crude oil. this pales to a country like saudi arabia but heightens the risk premium that is of course in that part of the world, in north africa and middle east. also you add to that what happened yesterday. nuclear inspectors and officials, talks between them breaking down, failing to come to an agreement, diplomatic effort in terms of iran's nuclear capabilities. that is heightening the geo risk in this marketplace. you have prices above
defense secretary leon panetta is vowing to pursuit hostage takers saying the terrorist should be on notice that they will find no sanctuary, not in algeria, not in north africa, not anywhere. back to you. >> jackie, thank you very much. any time there is an attack like this, it grabs the attention of new york energy traders. sharon, what are they saying? >> it certainly has. even though this occurred in the gas facility, it is the oil markets that are most concerned here about the...
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looks like juan is almost alone now in the defense of this dopey newspaper. what do you think is going on with williams? >> there's a long answer but we will cut to the chase. these are first semester journalistic efforts. so basic even the new york times has this. this is me agreeing with the new york times. it is different often between things that are public and whether they are news worthy whether you should be pairing those things in the newspaper. these are something journalists tackle all of the time. there are a lot of things that are public. they are probably juicy and fun to read but are you doing a public service by printing them? people on food stamps most people would argue that wouldn't be a good idea to print those with data and addresses and names after then. at least one of these homes have been burglarized that was on the list. i would argue it was not a safe thing to do or best thing to do. didn't serve a news person. >>> what do you think now that your liberal pals abandoned you and you are all by yourself in defending this newspaper. >> w
looks like juan is almost alone now in the defense of this dopey newspaper. what do you think is going on with williams? >> there's a long answer but we will cut to the chase. these are first semester journalistic efforts. so basic even the new york times has this. this is me agreeing with the new york times. it is different often between things that are public and whether they are news worthy whether you should be pairing those things in the newspaper. these are something journalists...
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Jan 18, 2013
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i want to look at what is happening in the defense business, sequestration and the defense budget. >> if you could only see the look that teranova is giving you as you speak. >> pete and i are speaking the same thing. how is he qualified to talk about commercial airline when he flies all over the country privately? it doesn't make sense to us. >> i talk to people like you and i say what is it like? >> guys, guys. just to bring you back to a trade here on boeing what you're -- what are you truly risking? you're only looking for a couple dollars to the upside. it is dramatic they've been able to hold on for the price but why risk it to hold this level. that is not -- got to run v a great weekend. steve grasso. one of the biggest bears on netflix gets bullish all of a sudden. should you get in on the stock ahead of the results next week? we have a list of names to own as china's economy shows signs of rebounding more halftime up just after the break. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifa
i want to look at what is happening in the defense business, sequestration and the defense budget. >> if you could only see the look that teranova is giving you as you speak. >> pete and i are speaking the same thing. how is he qualified to talk about commercial airline when he flies all over the country privately? it doesn't make sense to us. >> i talk to people like you and i say what is it like? >> guys, guys. just to bring you back to a trade here on boeing what...
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spending cuts, the domestic side, plus for defense. you have been for avoiding this at all cost. do you think it could still be avoided or do you assume it's going to be implemented? >> i think it will get avoided. i really do not believe we're going to go through sequestrati sequestration. if we can engage the american people on dialogue so people would know what it is that we're talking about, we're talking about a dramatic cut in veterans benefits, in other benefits that have been promised to the american people. we're talking about across the board cuts. i think that we ought to sit down, use the -- and really diff differ. >> you mean defense contracts versus military what? >> taking care of our men and women in uniform. the infrastructure that needs to be made on these military insulations. i've been in the shadows of ft. jackson. we're transitioned to these facilities and we're still in a transition. there's a lot of infrastructure. we ought to mess with at all, but when it comes to a lot of these exotic defense programs that may or may not work, we have spent billions and
spending cuts, the domestic side, plus for defense. you have been for avoiding this at all cost. do you think it could still be avoided or do you assume it's going to be implemented? >> i think it will get avoided. i really do not believe we're going to go through sequestrati sequestration. if we can engage the american people on dialogue so people would know what it is that we're talking about, we're talking about a dramatic cut in veterans benefits, in other benefits that have been...
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can you play that battle at sequester time instead of mindless cuts in defense and non-defense. >> right. >> you can play that game at the continuing resolution which is inside baseball which means you're going to chicken out again and just extend and extend and extend. this game is going to be played for months on end. >> so let's -- >> let me ask you this, senator. >> it does make no sense, and i'm glad you brought up the fiscal cliff deal, because in the fiscal cliff deal they added $4 trillion of new spending, so that's where i want to get your take on. i understand that you don't want to use the debt ceiling debate as -- as any leverage, you know. this is important. this is important for the u.s. as well as the world, so you don't want to use it as leverage, but why is it that it's always about taking off the gloves and fighting over it rather than coming up with real spending cut ideas? we still have not seen spending cut ideas to what we have, the 16.4 trillion or even, you know, projected spending, so where are the spending cut ideas, and when is that going to happen if you don't
can you play that battle at sequester time instead of mindless cuts in defense and non-defense. >> right. >> you can play that game at the continuing resolution which is inside baseball which means you're going to chicken out again and just extend and extend and extend. this game is going to be played for months on end. >> so let's -- >> let me ask you this, senator. >> it does make no sense, and i'm glad you brought up the fiscal cliff deal, because in the fiscal...
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except smash the defense department. the rest of it, the entitlements, the discretionary, the little entitlements, he doesn't want to touch them. >> i don't know. was there a question in there? >> i think somewhere. somewhere there's a question. >> i don't know what to say. i guess spending is not what the democrats run on. i see this repeatedly. this is the republican party platform. when the democrats propose spending, the republicans attack them for it. i mention always the $716 billion in medicare savings or spending cuts the president proposed last year. mitt romney attacked him for that. the republicans attacked him on that. the republicans can't even agree themselves on their spending cuts. remember the original ryan plan, newt gingrich called it right-wing social engineering. so when john boehner comes together with his plan b in december, there's no unanimity or consensus in the republican party about that. i think the gop has to get its own house in order. >> they're all screwed up. that's what i'm saying. >> b
except smash the defense department. the rest of it, the entitlements, the discretionary, the little entitlements, he doesn't want to touch them. >> i don't know. was there a question in there? >> i think somewhere. somewhere there's a question. >> i don't know what to say. i guess spending is not what the democrats run on. i see this repeatedly. this is the republican party platform. when the democrats propose spending, the republicans attack them for it. i mention always the...
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and john kerry, two vietnam vets about to take the helm of, you know, the state department and the defense department, will that help bring some of these lessons to bear? >> well, kerry and hagel saw the war firsthand in the delta, one of the areas where it was packed with civilians and where there were tremendous number of civilian casualties so i think that they did see some of the worst of the war. i would hope that having seen that up close and personal they'd be more reticent of taking this country to war. i think we have to hope for the best, that they can take that out of vietnam experience. i don't think that the carnage in today's wars is comparable to vietnam when it comes to civilians but we do know that civilians are still dying on a regular basis and still suffering a great deal and i'm afraid that, you know, if history is any guide we may not know the full story of that suffering for decades. >> all right. nick turse, thank you very much. >> thank you. >>> up next, the cyclist's favorite inaugural moments and never guess who picked one from the 1800s. it's not who you think.
and john kerry, two vietnam vets about to take the helm of, you know, the state department and the defense department, will that help bring some of these lessons to bear? >> well, kerry and hagel saw the war firsthand in the delta, one of the areas where it was packed with civilians and where there were tremendous number of civilian casualties so i think that they did see some of the worst of the war. i would hope that having seen that up close and personal they'd be more reticent of...
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some of the things we're keeping an eye on is some of the defense stocks. right under the shadow because of the possible quester. they are getting cheap and they have possible cash flows. >> glad you mentioned earnings. >> so far it's been somewhat mixed. i mean the banking sector is turning out some good numbers. >> yeah. >> where do you expect we might see the surprises on the upside in terms of the fourth quarter? >> in terms of sectors? >> yeah. financials have obviously done well, and that's somewhat cyclical. what i expect to do well are the consumer staples. they have been chugging along, but i think some of their expenses and costs were pretty moderate in the fourth quarter, and i think with the -- with the change in the taxes that came through in january, usually better for staples than consumer discretionaries so hopefully we'll get good numbers from there. >> where would you be investing, peter sorrentino? you said you like the early cyclicals? what does that mean? who do you like here? >> well, really it's a wide brush right now. we like refiner
some of the things we're keeping an eye on is some of the defense stocks. right under the shadow because of the possible quester. they are getting cheap and they have possible cash flows. >> glad you mentioned earnings. >> so far it's been somewhat mixed. i mean the banking sector is turning out some good numbers. >> yeah. >> where do you expect we might see the surprises on the upside in terms of the fourth quarter? >> in terms of sectors? >> yeah....
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. >> the automatic spending cuts which affect discretionary spending as well as the defense department. each of them, they affect 8 to 10% reduction in expenditures. that's really painful to the gop but it's also very painful to the democrats, and i think that the threat of the sequester can get both parties to do what they need to do. that is, they need to sit in the room together and they need to hammer things out. instead of us lurching from one short-term solution to the next, hopefully they can do something that can last more than three or six months. it will be good for everyone. it will be especially good for the economy. >> good to see you, mr. tisch. thank you. >>> we're going to go to bert that coombs for a market flash. take it away. >> thanks, tyler. the teen retailer, bmo is out with a flash note saying it looks like the company is finally getting serious to turn things around. they want to focus on the expertise of some of the new management and also to try to capture that teenage mind not with key items, tyler, but the whole outfit. everybody likes to see the whole sheba
. >> the automatic spending cuts which affect discretionary spending as well as the defense department. each of them, they affect 8 to 10% reduction in expenditures. that's really painful to the gop but it's also very painful to the democrats, and i think that the threat of the sequester can get both parties to do what they need to do. that is, they need to sit in the room together and they need to hammer things out. instead of us lurching from one short-term solution to the next,...
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so that is saproblem. >> we're also learning from defense officials, the u.s. is increasing its role in the conflict in mali. how so, because the french were the ones on the ground? >> the french are positioned there because they do have bases and they have a history in algeria. the united states has now agreed they will help with air lifts. that means bringing in french troops into, not necessarily directly into mali, but into some of the surrounding areas. right now in mali, they have -- it's difficult to get everyone who needs to get in there. there will be, we understand, some 2,500 french forces. there are some african forces that are going to go in, but the french still want other things. they want some refueling capability and some intelligence and the u.s. is talking about that right now. >> all right, jill, appreciate the update. i want to get you caught up on some of the other stories we're following. >> fbi director robert mueller met with libyan officials in tripoli about the deadly attack at the u.s. consulate in benghazi last september. a lawense
so that is saproblem. >> we're also learning from defense officials, the u.s. is increasing its role in the conflict in mali. how so, because the french were the ones on the ground? >> the french are positioned there because they do have bases and they have a history in algeria. the united states has now agreed they will help with air lifts. that means bringing in french troops into, not necessarily directly into mali, but into some of the surrounding areas. right now in mali, they...
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Jan 17, 2013
01/13
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the same type of protection for their children, not secret service people, but gun protection or self-defense. i think that's the point they were trying to make. >> any objection for the presidents and republicans and democrats have been used for photo opes and the children, and i've seen the president stand up with soldiers, injured soldiers. >> the children of injured soldiers i know bush has probably done that as well, but something about pushing legislation though and implication and marco rubio made the point on my radio show today, the implication is you don't sign onto the president's proposals, you somehow are not treating the children or standing behind him with due respect. that's what i find offensive. that's the implicit message here. these children are with me. are you against the children? and that's where i think-- >> i think he's originally right when he said that kids really shouldn't be part of the political discussion. leave, now, kids out of it. >> the whole gun control debate has fired up everybody, but the president said today, if i quote him correctly, that anyone who d
the same type of protection for their children, not secret service people, but gun protection or self-defense. i think that's the point they were trying to make. >> any objection for the presidents and republicans and democrats have been used for photo opes and the children, and i've seen the president stand up with soldiers, injured soldiers. >> the children of injured soldiers i know bush has probably done that as well, but something about pushing legislation though and...
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Jan 15, 2013
01/13
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CNBC
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anybody that shorts this stock has to play defense unless ackman has a catalyst that is not himself. >> well, but to your point, karen, you are saying the short squeeze, it could theoretically continue as the shorts get out, there could be more in but if you take the shares off the market -- >> out of circulation. >> it becomes smaller and the squeeze becomes more painful. >> and guy being as old school that he is -- >> that's my thing. >> i am old school. if you think this hasn't happened, it happened before. in the early 2000s, irvin jacobs, probably been on the network from time to time and carl icahn, who is a regular on the network, butted heads where jacobs actually took out an article empl'e imploring people short sales. and it went from $4, rallied to $18. he wound up being right and then carl wound up winning in tend. >> happens a lot. >> always useful. >>> all right, coming up next, why america's shopping malls could be a dying breed. we go dead mall walking with one of the industry's most vocal skrit ickes. >>> first, surf's up. two areas you may want to bail out on. stay
anybody that shorts this stock has to play defense unless ackman has a catalyst that is not himself. >> well, but to your point, karen, you are saying the short squeeze, it could theoretically continue as the shorts get out, there could be more in but if you take the shares off the market -- >> out of circulation. >> it becomes smaller and the squeeze becomes more painful. >> and guy being as old school that he is -- >> that's my thing. >> i am old school. if...
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Jan 19, 2013
01/13
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MSNBC
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i think there is a lot of room in the defense budget for cuts, but our primary focus in terms of the economy should be job creation. so that means that the government has to spend in order to create economic stability. economic progress. we need jobs in this economy for middle class people and that's what will make this economy stronger and so if we cut then we're going against that very basic economic principle. when you constrict the budget and cut off the flow of money, you're not going have as many jobs available. so i am not -- i am not in favor of drastic cuts in spending at this time, but i do think long term we should be looking at reducing our debt and restoring fiscal sanity to our budget. >> a group of house democrats, yourself included you want to do away with the debt ceiling law altogether. this is congressman jerry neven, this is what he had to say about it. take a listen. >> it is time to repeal the debt ceiling and today we're introducing legislation to do just that. instead of playing a game of chicken with the full faith and credit of the united states, we must dea
i think there is a lot of room in the defense budget for cuts, but our primary focus in terms of the economy should be job creation. so that means that the government has to spend in order to create economic stability. economic progress. we need jobs in this economy for middle class people and that's what will make this economy stronger and so if we cut then we're going against that very basic economic principle. when you constrict the budget and cut off the flow of money, you're not going have...
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Jan 18, 2013
01/13
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there's no word if americans are among those out of harm's way but today defense secretary leon panetta said he's working around the clock to bring any u.s. citizens home and issued a warning. >> terrorists should be on notice that they will find no sanctuary, no refuge, not in algeria, not in north africa, not anywhere. >> let me bring in nbc news chief pentagon correspondent jim miklaszewski. the information out of algeria is complex and quite honestly hard to follow depending on some of the information sources, but at this hour what do we know about those americans there? >> reporter: well, it is very confusing in terms of number of americans initially taken hostage but nbc news learned that at least two americans able to hide from the militants when they first took over that nat gas plant there in the far reaches of algeria and since made their escape unharmed. there's an unknown number of american hostages that remain at that compound. in a briefing at the state department a short time ago, the spokesperson said we have american hostages and the spokesperson stressed it's a very fl
there's no word if americans are among those out of harm's way but today defense secretary leon panetta said he's working around the clock to bring any u.s. citizens home and issued a warning. >> terrorists should be on notice that they will find no sanctuary, no refuge, not in algeria, not in north africa, not anywhere. >> let me bring in nbc news chief pentagon correspondent jim miklaszewski. the information out of algeria is complex and quite honestly hard to follow depending on...
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Jan 16, 2013
01/13
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CNBC
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embarrassing the president is one thing, but actually offering plans to cut medicare, social security, defense, oh, please. i'll believe it as i see it, even though i think it's important that it be done. both parties guilty of too much spending. the democrats witt vitriolic, t to make money to pay for it. and enough politics. the american investor figures out we're pretty long through the united states of three-ring circuses. the most important spur for investment is confidence. three issues that held up business formation and stock investing for a long time. put a drag on it. uncertainty of the presidential election, uncertainty of the fiscal cliff and the sequester debt ceiling argument. two big bad events, only one more station on the gauntlet. it simply isn't as scary or meaningful as when it comes to the stock market or new business formation. sorry, it won't sell as many parents, and it just won't. smart investors are making a bet they can't wait for the third of the three washington incursions to be finished. once a big bad event is passed, the rick of responding floods in. now we're a
embarrassing the president is one thing, but actually offering plans to cut medicare, social security, defense, oh, please. i'll believe it as i see it, even though i think it's important that it be done. both parties guilty of too much spending. the democrats witt vitriolic, t to make money to pay for it. and enough politics. the american investor figures out we're pretty long through the united states of three-ring circuses. the most important spur for investment is confidence. three issues...
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Jan 19, 2013
01/13
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in defense of starbucks, they have a better brand not to mention, indeed, better coffee. you've got two ways to win, it could rally up to $14, i think that could be a conservative number or the stock could go to $16.24, i know, pretty precise, on a potential takeover bid. they seem to be addicted to coffee-related acquisitions as i'm addicted to coffee itself. it is at a 52-week high. and i'm willing to endorse buying the stock on a pullback. wait for some market -- believe me, it does happen, knock the stock down and then make your move. here's the bottom line, krispy kreme as this donutamid clearly shows is back. and it's giving you two ways to win. either the company gets taken ore or stays independent and grows like a weed. the only thing that gives me pause is the gigantic move in the share price. i'm begging, be patient, wait for a pullback and please use limit orders if you're going to buy kkd. let's go to bob in my home state of new jersey. bob? >> caller: boo-yah to ya, jim. >> how do you like that burger? cheese on it, onion, pickle, lettuce, that's from stewart
in defense of starbucks, they have a better brand not to mention, indeed, better coffee. you've got two ways to win, it could rally up to $14, i think that could be a conservative number or the stock could go to $16.24, i know, pretty precise, on a potential takeover bid. they seem to be addicted to coffee-related acquisitions as i'm addicted to coffee itself. it is at a 52-week high. and i'm willing to endorse buying the stock on a pullback. wait for some market -- believe me, it does happen,...
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Jan 19, 2013
01/13
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WETA
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we have a board to a defense psychiatrist. what do you think of this law? >> there is nothing new here. in just about everything to you and, if a patient tells you that they want to kill someone or themselves, you not only have the right to go and won the person or tell the authorities, or commit the person, as i have done, in some states, like massachusetts, where i practice, you have an affirmative obligation. this is another executive order that has been put into motion, it doesn't change anything, that is the way it has always been. those on the right who are talking about a new norm in doctor-patient relationship, it is not. this is the way it has always been. >> this skirts and much more difficult question in some ways. anyone who deals with public health at all, police, trauma surgeons, like my husband, these people, usually younger males, who are clearly -- have psychotic breaks over and over again. their families are at despair of what to do about it. there is no ability to commit them for any sustained period of time. once they are not an immediat
we have a board to a defense psychiatrist. what do you think of this law? >> there is nothing new here. in just about everything to you and, if a patient tells you that they want to kill someone or themselves, you not only have the right to go and won the person or tell the authorities, or commit the person, as i have done, in some states, like massachusetts, where i practice, you have an affirmative obligation. this is another executive order that has been put into motion, it doesn't...
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Jan 19, 2013
01/13
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MSNBC
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it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. looks like you're in a pickle. yeah. can you get me out of it ? just so happens i know a chap... book any flight and hotel together and get access to our free personal concierge service. any need, any question, we're on call 24/7. a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood monitoring. like warfarin, xarelto® is proven effective to reduce the risk of an afib-related stroke. there is limited data on how these
it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. looks like you're in a pickle. yeah. can you get me out of it ? just so happens i know a chap... book any flight and hotel together and get access to our free personal concierge service. any need, any question, we're on call 24/7. a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart...
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Jan 18, 2013
01/13
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CNBC
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might by printing a trillion dollars this year and to -- again to play offense rather than just play defense. >> we don't have time to do all lists. we picked out help housing. i don't know if you just heard our interview with kyle bass. i asked him about the down side to the fed and what they are doing in the housing market. is the fed really helping housing? >> it is. and so pimco for the first time in seven years is petting as well in an upswing on the housing market. you can do that in different wayes. through physical markets, through nonagency mortgages or credits and equities that relate to the market as kyle bass said. they are helping the housing market in one particular way by keeping rate low. they do that through the zero interest rate policy, purchases on communications. there are three other things the feds could do and ben bernanke said a month ago in new york, these are the three. one is to look at supervisory things. including tell banks yes we want you to tighten credit but don't tighten too much. secondly, when crafting dodd-frank regulation, let's consider housing a littl
might by printing a trillion dollars this year and to -- again to play offense rather than just play defense. >> we don't have time to do all lists. we picked out help housing. i don't know if you just heard our interview with kyle bass. i asked him about the down side to the fed and what they are doing in the housing market. is the fed really helping housing? >> it is. and so pimco for the first time in seven years is petting as well in an upswing on the housing market. you can do...
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Jan 18, 2013
01/13
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CNNW
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leon pa net athe defense secretary, said there were probably about seven to eight americans, but i have to say, you know, throughout the day, the numbers on all of this, where they are, who might be injured or any other condition is not really known. and the numbers of people who have been killed in this operation have really been all over the map. >> it's kind of odd to hear that they are taking a break. i mean if they've launched an operation to try to free hostages, the idea of taking a break in the middle of that operation seems very odd to me. i haven't really heard of operations where that has happened. and i was also surprised to learn that the u.s. was not informed or given a heads-up before they conducted this raid, right? >> in fact, yes. the u.s. officials that we've been speaking to say that they were not given a heads-up that this was going to take place, and that has create someday problems. this one official that we spoke to said that they actually, the united states, had urged and cautioned the algerians to be very careful in carrying this out to make the priority really
leon pa net athe defense secretary, said there were probably about seven to eight americans, but i have to say, you know, throughout the day, the numbers on all of this, where they are, who might be injured or any other condition is not really known. and the numbers of people who have been killed in this operation have really been all over the map. >> it's kind of odd to hear that they are taking a break. i mean if they've launched an operation to try to free hostages, the idea of taking...
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Jan 17, 2013
01/13
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it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, forget it. >>> tim geithner celebrating last night. >> still on a budget. >> so no alcohol served, we know that much, but at least hopefully geithner got some cake. what message should have been written on his farewell cake? tweet us. we have a new handle, we've got your responses throughout the morning. we'll share your responses. >> how about thank you for saves the american banking some system? >> some people like that. >> i think tim geithner did a fabulous job, wish him very well. in the meantime, a big reason why you should prepare more for the salad. the cold hard facts later in the show, but first. >>> coming up, not exactly ocd behavior, but certainly something requires -- and nobody does it like jim cramer. six stocks in 6 on seconds, when "squawk on the street" returns. >>> the s.e.c. issue, give me a break. it looks -- don't sell it for that. >> jeffries leapwire hold or sell? >> i was talking to david fablers, always breaking stories about this group. i don't think -- >>
it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, forget it. >>> tim geithner celebrating last night. >> still on a budget. >> so no alcohol served, we know that much, but at least hopefully geithner got some cake. what message should have been written on his farewell cake? tweet us. we have a new handle, we've got your responses throughout the morning. we'll share your responses. >> how about thank you for saves...